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Cost of Goods for WooCommerce it allows you to establish the cost (whether production or purchase costs) that a product has for you and obtain advanced reports not only on sales and income, which are what WooCommerce gives by default, but also on costs, margins and profits. This way you can easily obtain the information you need to make appropriate pricing, sales and marketing decisions and optimize the income of your online store.
Track costs and benefits because Cost of Goods for WooCommerce add a field to simple and variable products in which you can set their cost (even at the variation level). The costs of each order are automatically calculated at checkout, so you can see your profit both for each individual sale and in detailed reports.
Features of Cost of Goods for WooCommerce
- Add vital information for your business, such as the store’s total profits or the products that generate the most profits, helping you make strategic decisions.
- Add a cost to each product, including individual variations, so you can always know the total benefit of each order.
- Cost of Goods for WooCommerce it allows you to apply costs to orders placed before installing the plugin once product costs have been established.
- You can see costs and benefits by date range by product or by category.
- Export cost and benefit data in CSV.
- Allows you to edit the cost of each individual order line in editable orders.
- Get detailed data on the products or categories that matter the most (and those that matter the least!) they bring you benefits, even by date, to know where to focus your marketing strategies.
- Perform total inventory valuations based on retail prices or costs.
- You can quickly see the cost of a product in the product quick view table.
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